Editors’ Note: This article has been updated to reflect a Correction.
This article considers two recent developments relating to legal fees, and the latest, and apparently almost final installments of the “unfinished business” saga. The case and rule changes that address legal fees both highlight the critical need for lawyers and law firms to take care in the drafting of their engagement letters. Two just decided cases deal an apparent death blow to the “unfinished business” doctrine in both New York as well as in its birthplace, California.
